Minimum price system

 

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Minimum price system

Specification of the lowest price permitted for an import. Prices below the minimum may trigger a tariff, hence a variable levy, or quota. See maximum price systerm. These have several names: basic import price, minimum import price, reference price, and trigger price.



Similar Matches

Minimum price fluctuation

Minimum price fluctuation

Smallest increment of market price movement possible in a given futures or options contract.


Alternative minimum tax

Alternative minimum tax

A tax which targets high wealth individuals to pay a minimum amount of tax. The tax is calculated on the sum of adjusted gross income and tax preference items less exemptions.


Minimum variance frontier

Minimum variance frontier

Graph of the lowest possible portfolio variance that is attainable for a given portfolio expected return.


Guaranteed minimum pension

Guaranteed minimum pension

The minimum pension payable by a pension scheme in order that members may contract out of S2P (State Second Pension).


Minimum lending rate

Minimum lending rate

The minimum rate of interest at which the Bank of England was willing to lend to the money markets. Discontinued in 1981.


Further Suggestions

minimum income guarantee
minimum quote size
guaranteed minimum period
Alternative Minimum Tax (AMT)
minimum funding requirement
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Required minimum distribution (RMD)
Minimum import price
minimum maintenance
Minimum efficient scale


 
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